Source: Action Images/MOLLY DARLINGTON
[Saba Sports News] The financial situation of English
League One club, Reading, is currently facing significant challenges. They have
encountered transfer bans and potential points deductions due to their failure
to meet required payment deadlines. Despite these difficulties, the club’s
owner, Dai Yongge, has expressed his reluctance to sell. Recently, he turned
down an acquisition offer from Luxembourg investment group, Genevra Associates.
Genevra Associates is a hedge fund with offices in the United States. It is
worth noting that the fund has also shown interest in investing in Manchester
United, although their offer was rejected by the club. Reading fans are
expressing dissatisfaction with Dai Yongge’s decision not to sell the club and
are planning to display protest banners during upcoming home games.